The quick ratio (acid test) of a business has fallen. What is the reason for the fall?
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The quick ratio (acid test) of a business has fallen. What is the reason for the fall?
A. A decrease in creditors
B. A decrease in stock
C. An increase in cash
D. An increase in the bank overdraft
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The quick ratio acid test of a business is a financial metric used to assess its shortterm liquidity ...View the full answer
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